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Days17Days on Market
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$169,000

11711 Memorial Drive, Houston, TX, 77024

On MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,120 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$150.89 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1977
Stories2

Land Information

APN1144530030002
SubdivisionHudson Oaks Townhouse Condo
Land UseResidential
Legal DescriptionUNIT 671 BLDG C .006116 INT COMMON LAND & ELE HUDSON OAKS T/H CONDO SEC 2
Census Tract430900
Assessed Land Value$35,415
Assessed Improvement Value$150,978
Assessment Year2025

About this property

Tenant Occupied - No Tour

Investor Tools

$95,143Estimated Mortgage Balance
$91,250Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,118 /month
Positive
Cash Flow Estimate:
$373 /month

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Deoir Thomas

Texas Signature Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
$496/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,682
$186,393
2025
$35,415
$150,978
$186,393
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,682
$186,393

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$115,000
No
First
Mar 22, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,143
$91,250
48%
51%
$690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,186/mo
+$414/mo
10.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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11711 Memorial Drive | Property Details | No Agent List